XRP is currently trading at $2.14, reflecting a 24-hour decline of 2.23%. The daily trading range has been relatively tight, with a high of $2.24 and a low of $2.13, indicating low volatility in the short term.

The trading volume stands at approximately $4.65 billion, representing a volume-to-market cap ratio of 3.62%, suggesting moderate interest from traders. However, the hourly moving averages indicate a bearish trend, with all key moving averages (8, 13, 21, and 55 SMA) trading below the current price, while the 144 SMA also indicates a downward pressure at $2.26.

The 1-hour Relative Strength Index (RSI) is at 31, indicating that XRP is approaching oversold conditions, while the 7-day RSI is at 41, showing weakness in momentum. The price has experienced a significant downturn over the past week (-11.58%), 14 days (-4.37%), and 30 days (-13.37%), suggesting ongoing bearish sentiment in the market.

Despite the current price being below the key moving averages, the support level around $2.13 could provide a temporary floor if selling pressure continues. Nonetheless, the overall trend remains negative as XRP struggles to regain momentum and overcome resistance above $2.20.

In conclusion, given the current technical indicators and bearish price action, a Sell rating is warranted. The significant downward trends and low RSI levels point to potential further declines before any substantial recovery occurs.